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EXME 12 / 20.11
Midday Express of 2012-11-20
News from the European Commission's Midday Briefing
Nouvelles du rendez-vous de midi de la Commission européenne
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German kitchen manufacturer Alno AG by the US household appliances company Whirlpool Corporation. The Commission's investigation showed that there were enough alternative suppliers with significant market shares, both in the supply of domestic appliances and in the manufacture and marketing of kitchen furniture. The proposed transaction, therefore, does not raise competition concerns.
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over two Polish insurance companies HDI Asekuracja S.A and HDI-Gerling Życie S.A by Talanx International AG and Meiji Yasuda Life Insurance Company, respectively a German and a Japanese insurer. The two acquired companies are currently solely controlled by Talanx. The Commission concluded that the transaction would not raise competition concerns because the merged entity would continue to face a number of strong competitors.
Tomorrow, the European Commission will confirm Lithuania's decision to join the enhanced cooperation procedure allowing international couples to select which country's law would apply to their divorce and legal separation. The Regulation gives couples legal certainty and prevents a "rush to court" and forum shopping in divorces, while at the same time avoiding emotionally and financially costly proceedings.
The European Commission welcomes the important decisions taken at the annual meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT) held in Agadir, Morocco, from 12 to 19 November 2012.
Commission clears joint control of Rail Holding by SNCF, HFPS and Augusta
The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control by SNCF, Haselsteiner Familien-Privatstiftung of Austria) and Augusta Holding of Switzerland, of the Austrian Rail Holding AG. The state-owned company SNCF provides passenger and freight railway transport services in France and other EEA countries, and operates the French railway infrastructure. HFPS invests in small and medium-sized businesses active in different sectors such as the construction sector. Augusta is a holding company with various participations in small and medium-sized companies active in different industries, mainly real estate. Rail Holding, through its wholly-owned subsidiary WESTbahn, provides rail passenger transportation services in Austria on the line between Vienna and Freilassing near the German border. The operation was examined under the simplified merger review procedure.
Transport: First transport business summit – "Connect to Compete" – 27 November 2012
"Connect to Compete", the first European transport business summit, will be held in Brussels on Tuesday 27 November 2012. Business leaders and major players in industry and the economy, as well as major transport service providers and users, will come together to discuss the challenges faced by transport in Europe today. Three roundtables will be held on the following topics: transport that serves business needs in a competitive internal market; green and innovative transport; and keeping European industry competitive on a global scale. Journalists are welcome to attend, but should register on the conference website .
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